DeFi fixed income is really coming. For the first time, traditional financial FRA/IRS has been brought into the Ethereum staking market—launched by @TreehouseFi, the TESR FRA is now available for trading on @FalconXGlobal, a major institutional broker. This is a key step in bringing core interest rate tools from TradFi directly onto the blockchain. What is an FRA? Think of it as "interest rate futures": it locks in future interest rates rather than asset prices. For example, with ETH staking currently yielding 3.4% annually, through an FRA you can lock in this rate until the settlement date, regardless of how interest rates fluctuate in the meantime, making cash flows predictable. This is essential for those who need to plan their finances. Why TESR? TESR (Treehouse Ethereum Staking Rate) is the Ethereum staking benchmark rate released by @TreehouseFi under the DOR (Decentralized Quoting Rate) framework, aggregating validator data and expert predictions to price and settle on-chain...
🌳 A Major Milestone in DOR Adoption
@FalconXGlobal has executed the first tradable Ethereum Staking Rate Forwards (FRAs) referencing TESR, the benchmark staking rate published by Treehouse.
Institutional participants include Edge Capital, Monarq, Mirana & more.
Read on. 🧵👇
63.07K
1
The content on this page is provided by third parties. Unless otherwise stated, OKX is not the author of the cited article(s) and does not claim any copyright in the materials. The content is provided for informational purposes only and does not represent the views of OKX. It is not intended to be an endorsement of any kind and should not be considered investment advice or a solicitation to buy or sell digital assets. To the extent generative AI is utilized to provide summaries or other information, such AI generated content may be inaccurate or inconsistent. Please read the linked article for more details and information. OKX is not responsible for content hosted on third party sites. Digital asset holdings, including stablecoins and NFTs, involve a high degree of risk and can fluctuate greatly. You should carefully consider whether trading or holding digital assets is suitable for you in light of your financial condition.